Cultural Arts Center Inc
- Assets
- $154.0k
- Revenue
- $189.3k
- Investments
- $0.0
- Employees
- 9
- Location
- Dothan, AL
- Founding
- 08/2006
- Data as of
- 09/2023
- EIN
- 20-4298439
Organization Overview
Cultural Arts Center Inc is located in Dothan, AL. The organization was established in 2006. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2023, Cultural Arts Center Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cultural Arts Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Cultural Arts Center Inc generated $189.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $199.4k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO COORDINATE AND TO ENCOURAGE CULTURAL ENDEAVORS AND TO PROMOTE KNOWLEDGE AND APPRECIATION OF THE ARTS AND HUMANITIES IN SOUTHEAST ALABAMA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO COORDINATE AND TO ENCOURAGE CULTURAL ENDEAVORS AND TO PROMOTE KNOWLEDGE AND APPRECIATION OF THE ARTS AND HUMANITIES IN THE SOUTHEAST ALABAMA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Cotton Executive Di | Trustee | 40 | $58,174 |
Aileen J Clayton Director | Trustee | 2 | $0 |
Mike Doherty President | OfficerTrustee | 15 | $0 |
Tracy Knowles Director | Trustee | 2 | $0 |
Christina Nelson Vice Preside | OfficerTrustee | 5 | $0 |
Je Saliba Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,587 |
| All other contributions, gifts, grants, and similar amounts not included above | $108,247 |
| Noncash contributions included in lines 1a–1f | $31,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,834 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $55,818 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,603 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $189,255 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $58,174 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,647 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,296 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,197 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,488 |
| Advertising and promotion | $0 |
| Office expenses | $6,148 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,307 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,828 |
| Insurance | $13,069 |
| All other expenses | $3,129 |
| Total functional expenses | $199,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,527 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$2,623 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $71,143 |
| Investments—publicly traded securities | $26,616 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,300 |
| Total assets | $153,963 |
| Accounts payable and accrued expenses | $4,251 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,251 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $149,712 |
| Total liabilities and net assets/fund balances | $153,963 |